New Forest Ribbon
New Forest

25/07/2019

Advisory Fuel Rates for Company Cars

These are the suggested reimbursement rates for employees’ private mileage using their company car from 1 June 2019. Where there has been a change the previous rate is shown in brackets.

Engine SizePetrolDieselLPG
1400cc or less12p (11p)8p (7p)
1600cc or less10p
1401cc to 2000cc15p (14p)9p (8p)
1601cc to 2000cc12p (11p)
Over 2000cc22p (21p)14p (13p)14p (13p)

Note that for hybrid cars, use the equivalent petrol or diesel scale charge. However, it may be more beneficial to compute the actual cost. You can continue to use the previous rates for up to 1 month from the date the new rates apply.

For further information on Advisory Fuel Rates for Company Cars, please contact Andrew Kershaw on 023 8046 1245.

Latest Tweets

Discretionary funding is available from local councils for businesses who meet a set list of criteria. There are a number of exclusions, and businesses can find out more via their local council websites http://ow.ly/D3co50BRbld

From the 1 January there will be new rates for customs duties and businesses will need to decide how they account for import VAT when making a customs declaration http://ow.ly/oZjR50BRb7E

Let’s Talk

Why not arrange a FREE consultation and find out what we can do for your business.